Expert technical analysis of financial markets by JC Parets
by JC
This is one of the charts I started this week’s LIVE Conference Call with. How could I not?
We’re looking at the Equally-weighted Nasdaq100 and Equally-weighted S&P500.
These Indexes eliminate the largest components from dominating the equation and treat each stock in the index equally.
Both of these are working on breaking out of this multi-year base to new all-time highs.
Can they do it? [Read more…]
by JC
Since the beginning of February, the two best performing sectors are Energy and Materials.
These stocks have been dominating the back half of Q1.
You’re seeing new all-time highs today across the board in Materials.
Here are two of my favorite ones we’ve been in. [Read more…]
by JC
There hasn’t been much going on in the new lows lists this year.
As I’ve mentioned here plenty, you cannot have a market correction, mathematically, without the prices of stocks falling.
Well, there’s been some action in the short-term new lows recently with Technology leading the way.
Half the Large-cap Tech stocks just hit new 10-day lows, and Technology has seen the most amount of new 1-month lows of any sector.
Small-caps have struggled the most: [Read more…]
by JC
This is a great thing, but only if you allow it be great.
Interest rates went out yesterday at their highest levels since November.
Do you really believe that the 10-year yield keeps going up because interest rates are going down?
lol
There are people who actually believe that.
So for us, who actually take the time to look, we know that it’s the exact opposite.
Commodities are heading higher. And Interest Rates are rising with them. [Read more…]
by JC
This is the video recording of the March 2024 Mid-month Conference Call.
by JC
Over the weekend I found myself having to remind someone that the U.S. Bond Market is crashing.
I know many of us have just grown accustomed to the bond market crashing all year, every year.
But this isn’t just something to dismiss, like many investors have apparently found themselves doing.
This is the biggest bond market crash in our lifetimes. [Read more…]
by JC
Are you prepared for a market environment where Commodities are ripping higher and stocks continue to struggle?
Don’t worry, most people are not.
In fact, so few people are prepared for this line to go up, and so much pain will be felt by so many (investors or otherwise), that this is exactly the outcome I’m betting on. [Read more…]
by JC
Have you heard that stocks are going up in anticipation of lower interest rates?
Me too.
That’s hilarious isn’t it?
What about all those journalists?
Are they feeding you the same garbage?
Yup!
How about the Biden?
This guy is still the President of the United States. And he’s telling you that rates are going down.
Have any of these people even bothered to look?
Or are they just lying to you?
Neither is an acceptable answer.
The U.S. 10-year Yield just went out yesterday at the highest weekly close since November. [Read more…]
